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Social Security

On Ponzi schemes….

 Once again, when you run out of other peoples’ money…..   BERNIE MADOFF SOCIAL SECURITY Takes money from investors with the promise that the money will be invested and made available to them later Takes money from wage earners with the promise that the money will be invested in a "Trust Fund" and made available …

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I notice that Dean is on his anti-privatization of “Social Security Hobby Horse” again

He’s such a kidder:  Because Wall St. did such a great job with our retirement accounts recently. Er, let me ask this: is Big Government, the end game of Progressives everywhere for its "intelligent guiding hand by altruistic experts for society" doing much better?  He denigrates Wall Street, but the return is still better than …

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Obligatory opine about Obama’s “gift” to elders…

The rules, I guess, are Obama’s rules – if he doesn’t like them, he ignores them (sorta like the Constitution with his power grabs – even Congress is starting to sound worried about an Imperial Presidency that FAR exceeds that of, well, Barack Hussein….Nixon?).  The rules are that for a COLA increase to be given …

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Baby Boomers hit social security age. Uh-oh!

Viagra ring by Gizmodo. Covered under part B? . Via Pun Salad: PJ O’Rourke, writing for the Weekly Standard,  on baby boomers reaching the social security milestone: O rend thy garments, America! Heap ashes upon thy head. We, the generation of generations–triumphant in our multitudes, invincible, indomitable, insufferable–have come into our inheritance. Hereby we claim our …

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Getting screwed again….

Social Security for Illegals The Washington Post shows that the Freedom of Information Act works.  One of the things that have come up since President Bush launched his idea of "all but open" border ("Sure! You’re here illegally? Not a problem…..pay a fine, work some years, learn English, become a citizen. Sure!  You’re here just to …

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Benefits, Taxes, and Demographics – Pick two and call me back

What goes around, comes around.  When President Bush first started to talk about reforming Social Security, his ideas included the personal savings component (like many Federal employees already have) and the indexing of COLAs from the wage price inflation rate to the consumer price index.  As expected, there was a lot of blowback.  The opposition …

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